Market Broader markets outperform benchmarks; are midcaps more attractive than largecaps now? Updated : August 18, 2020 02:14 PM IST Just in the last month the Nifty Midcap and Nifty Smallcap indices outperformed benchmarks, rising 9 percent and 12 percent According to a report by Axis Securities, midcaps are now looking more attractive versus large caps. "We continue to believe that allocation to mid and small caps will result in decent returns over the next 12 months," Axis Securities added. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.